Exchange rate determination sets official conversion rates for specified foreign currencies applicable to export goods from the notified effective date. The Central Government determines the rate of exchange for conversion between specified foreign currencies and Indian rupees for export goods, superseding the earlier notification; Schedule I sets rates per one unit and Schedule II sets rates per one hundred units for use in export-related customs calculations, effective from the notified commencement date.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Exchange rate determination sets official conversion rates for specified foreign currencies applicable to export goods from the notified effective date.
The Central Government determines the rate of exchange for conversion between specified foreign currencies and Indian rupees for export goods, superseding the earlier notification; Schedule I sets rates per one unit and Schedule II sets rates per one hundred units for use in export-related customs calculations, effective from the notified commencement date.
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